>fixes housing market because government isn't at behest of oligarchic landlords and don't need real estate to prop up the economy because you actually manufacture shitIts really that easy, it's just western elites don't want you to have houses
Also known as a "real estate crash". Everything is crashing in China right now lmao.
>>538409864so this is the secret weapon of communist governance
Houses are meant for people to live in them, not for speculation.
>>538409806>lol sucks to be American! 90% of Chinese own their own houses! >Now let me tell you why their value crashing is a good thing! Fucking morons.
>>538409806houses arent supposed to be valued at infinity shekels just because silverstein real estate owns them
>>538409864As long as their salaries don't crash this is a good thing.
>>538409953Value in a home is useless unless you're selling or refinancing. You're retarded.
>>538409806But but butWallstreet shlomosapiens told me housing prices never go down
>>538409864surely the average mutt is doing much bett-AAAACK
>>538409953LOL>>538394735
>china serving it's own people againIs this why the US is so afraid of china and wants us to bash on them?
>>538409806I hope that humanoid robots will build affordable houses
>>538409806>Collapsing is fixingI agree. Still funny chinks are coping like pajeets
>>538409864>>538409920>>538409953>goldmutt sachs index>nooo someone think of the Amerimutt locust investors in New YorkMIGA trannies absolutely seething
>>538410054Damn right, houses should be like cars, devalue every year they exist until they just become nearly worthless due to age. A person should be able to buy a used house for cheap like they can a used car.
>>538410155>Wallstreet shlomosapiens told me housing prices never go downAll they can do is double and tripple down on their lies. While their trickle down economics "saviors" now just openly gloat straight into their face that their Epstein class Wallstreet rape gangs are scamming them, China showed them that if the government says we are cooling down speculation in favor of public interest and the future of the country you can just do it without any Amerimutt scare about a "muh collapse"Mutts are trapped in a mental ponzi scheme. They cant admit their scam country is a failure because they believe their grass is greener to the point to think Europeans also live in cardboard cucksheed with fake stone facades and fear their section of the card house will collapse too.
>>538409806I find it insane that China spent their globalization dividend and their final years of demographic peak to build more commieblocks.Are they going to use this to have larger families then split them up between 3 50 square meter sized properties?
>>538409806>CHINA FIXES HOUSING MARKETLMFAO no cunt, their bubble just fucking burst. Their ponzi scheme just went to shit.
>>538409806What exactly did the government do?
>>538409953I just want to live in a nice house, not looking for an investment. Invest in something better that actually produces ANYTHING.
>>538411071This.
>>538411721Forget the specifics but they raised requirements for construction companies to borrow money which was more effective than they expected. A bunch of construction companies then went bankrupt and the government tried to partially reverse their actions but it was too late. State run construction companies then took over unfinished commieblock projects and flooded the oversupplied market even more instead of just compensating the owners and canceling the projects.
>>538411503I find it insane that Amerimuttland spends their final years of demographic decline on coping about some mutt regime astroturfed shill campaign seething about Chinese modernizing and supplying enough homes instead of maintaining an artificial scarcity of cucksheds to enrich a few Amerimutt billionaires
>>538411721Made the Amerimutt regime seetheSeething and coping about mundane shit like some Amerimutt stock index or house price charts from who knows and dudetrustmeimanamerimuttexpertonchyna is the biggest indicator that the country in question is doing well enough to make their 5 Billion Dollar shill army dedicate its resources to shit their pants over it.
>>538412829absolutely seething
>>538409953It means more people can afford homes. I don't care about the value of a good I have no intention of reselling.
real estate is not an investment. this is like crying about meat prices going down.
>>538409806>(((gains)))
>>538414204>real estate is not an investmenthouses are for living in amirite?
>>538409953surely you don't drive your car around thenputting mileage on it lowers its value, and that's the worst thing that can happen to an asset
>>538411403>Mutts are trapped in a mental ponzi scheme.
>>538412148>affordableSTFU you woke communistwe don't do that in america